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Good Day All,

As a bit of an update on "Me and My Parent's $40K Debt"... The pension loans came through, and so far $20K+ of credit card balances have been paid. Before this started I persuaded my dad to get copies of his credit report, which he did, and everything was in order.

Now I've read on this board before that closing accounts "in good standing" can have a negative effect on one's credit score. What about accounts that are in not-so-great standing, like my parent's? I warned them about the possible consequences of closing the accounts, but they wanted them "gone". There are a few accounts remaining, and these accounts are ones that have been around for 10+ years. Aside from obtaining their credit score pre and post account closure, is there any way to find out what effect closing these remaining "poor standing" accounts will have?


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